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The life satisfaction approach to environmental valuation
Frey, Bruno S.; Lüchinger, Simon; Stutzer, Alois - 2009
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10003903197
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Unobserved ability and the return to schooling
Belzil, Christian; Hansen, Jörgen - 2002
schooling and market ability is found to be positive and is consistent with the existence of a positive "Ability Bias". …
Persistent link: https://www.econbiz.de/10011411639
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Decomposing real wage changes in the United States
Fernández-Val, Iván; Vuuren, Aico van; Vella, Francis - 2018
quantiles of the wage distribution. We account for the selection bias from the annual hours of work decision by developing and …
Persistent link: https://www.econbiz.de/10011959185
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Bias corrections for two-step fixed effects panel data estimators
Fernández-Val, Iván (contributor);  … - 2007
This paper introduces bias-corrected estimators for nonlinear panel data models with both time invariant and time …/selection bias. We then estimate the primary equation by fixed effects including an appropriately constructed control function from … both steps might employ nonlinear fixed effects procedures it is necessary to bias adjust the estimates due to the …
Persistent link: https://www.econbiz.de/10003540299
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Climate amenities, climate change, and American quality of life
Albouy, David; Graf, Walter; Kellogg, Ryan; Wolff, Hendrik - 2013
We present a hedonic framework to estimate U.S. households' preferences over local climates, using detailed weather and 2000 Census data. We find that Americans favor an average daily temperature of 65 degrees Fahrenheit, will pay more on the margin to avoid excess heat than cold, and are not...
Persistent link: https://www.econbiz.de/10009729699
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Click'n'roll : no evidence of illusion of control
Filippin, Antonio; Crosetto, Paolo - 2015
Evidence of Illusion of Control - the fact that people believe to have control over pure chance events - is a recurrent finding in experimental psychology. Results in economics find instead little to no support. In this paper we test whether this dissonant result across disciplines is due to the...
Persistent link: https://www.econbiz.de/10010517137
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Valuing air quality using happiness data : the case of China
Zhang, Xin; Zhang, Xiaobo; Chen, Xi - 2016
This paper estimates the monetary value of cutting PM2.5, a dominant source of air pollution in China. By matching hedonic happiness in a nationally representative survey with daily air quality data according to exact dates and locations of interviews in China, we are able to estimate the...
Persistent link: https://www.econbiz.de/10011497267
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Attribution bias in major decisions : evidence from the United States Military Academy
Haggag, Kareem; Patterson, Richard W.; Pope, Nolan G.; … - 2019
Using administrative data, we study the role of attribution bias in a high-stakes, consequential decision: the choice … of results is consistent with attribution bias and difficult to reconcile with competing explanations. …
Persistent link: https://www.econbiz.de/10011985813
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Match bias in wage gap estimates due to earnings imputation
Hirsch, Barry T. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001760441
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Estimating the value of a statistical life : the importance of omitted variables and publication bias
Ashenfelter, Orley (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001937665